Ban 500, 1000 notes - Corruption Uprooted or just changing clothes!

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801 comments Page 22 of 81.

Lavesh said:   8 years ago
As we all know demonetization suffer a lot for middle-class people but it was a good move for eradicating corruption seemed to be flipped also decrease our GDP but we seem some benefits later definitely.
(6)

Sarath said:   8 years ago
Hai Everyone,

I think that the banning on the Rs 1000 and Rs 500 notes haven't uprooted corruption from our Society. The idea was good, but the problem is sides with how it was implemented. As mentioned it was just like changing of clothes. Even our Govt says it was a great step towards corruption no one knows about any corporate who had affected by the demonetization. It was the citizens and small vendors who had adversely affected by the whole process.

Even the design of the new notes can lead to the circulation counter fake notes in our economy, as most of us are unaware about the specification of the new currency. Thus I believe that the idea of demonetization was good step for the growth of our nations economy, the implementation of the idea has adversely affected more than 80 percent of people in India.
(16)

Aish said:   8 years ago
The move was great but it was a difficult thing to be implemented in this country with 1.3 billion. No implementation would have been perfect. This move in itself is a transforming one. Instead of focussing on bad results we must look the positive side.
(5)

Pathan Shahebaz said:   8 years ago
Hello everyone,

According to me, it was a good decision taken by the government But when it was implemented, it didn't succeed.

I think there was a lack of proper planning before implementing this idea.

According to me, if it was planned proper and implemented in a proper way, then it would have succeeded more and the people who faced money problems during this period wouldn't have faced such issues.

By the way, it reduced some rate of corruption and I found that govt. Is taking good steps regarding growth, development and economy of a country.
(15)

Jitender said:   8 years ago
Hey everyone.

This is Jitender, Acc to my point of view ban 500, 1000 rs was a good decision taken by our govt but not implemented in such a way. Because it was create a lot of problems for poor peoples, small vendors, middle peoples who daily suffers a lot for their survival, and fulfills their essential needs. As Modi govt banned 500, 1000 rs notes it was cause a lot of problems standing people in a queue for long hours, as their turn comes bank employee said that there is no more money, many families had pulled out their daughter marriages, some peoples cannot take medical help, some can't buy necessary items, foods This all problems came from demonetisation. During Demonetisation only middle families, poor people suffered a lot, rich peoples have a connection with bank managers who can easily exchange their money without standing in a queue The idea was good to eradicate corruption but not implemented in a very helpful manner. Till now one year passed but no positive result come out. Its totally just like a changing clothes for rich people who can use their own power for changing money Due to all these only common people suffered a lot.

At last, I want to say that ban 500, 1000 rs was not just a rightful decision if you surely eradicate corruption from our country, firstly made plans and ready to tackle problems that come. Because mostly govt plans which have been launch only middle people suffered a lot.
(50)

Trisha said:   8 years ago
Hello everyone.

Demonetization was a great initiative taken by PM Modi to stop corruption. But it's implementation was a big failure.

Mostly middle-class & the lower class family were affected by this. They have to stand in long queue to exchange their old notes with a new one. For rich people, it was just like changing clothes they have great influence on bank managers and these bank manager exchange their money.

Also, there was a shortage of 500, 1000 notes in the bank and atm machines so even when middle or lower class people go there they don't get money. They suffered the most.

It also reduces India's GDP to 6.3%.
(32)

Srikar said:   8 years ago
Hello everyone,

I am Srikar, in my view, ban of notes is just a filtering process to exclude the black money from economy, and what happens to hear is everything in white now, however maybe someone thousand crores caught as black, that is not even one part of what they expected, I support the statement "corruption changing clothes" hope new ways come to do the desired task.
(16)

Prasanna said:   8 years ago
Hello, guys,

I am Prasanna and what I think that yeah demonetization was a brave step from our PM Modiji and I am also agreed to the point that I caused a lot suffer to only the poor and middle-class population of our country. But since as we Indians know that Congress were ruling India for so long and we have witnessed many scams from that time the corruption started spreading like cancer. He Mr. Modi ji has got only 5 years to do some serious changes so that we can have better future for us. Yeah banning of 500 and 1000 notes were looking like a giant step in order to eradicate the corruption but it didn't work the way it had to. But the step had to be taken there was no other way we could think that could possibly eradicate corruption from its root. So the step had taken and we suffered but at least what I see people now are getting aware of all these they are getting curious about how they can possibly avoid corruption on their own. This is what we need, we need to stop this from ourselves. Because the complete burnout of corruption is not possible. So we need to accept the steps if there's a little hope for a better future. We need to suffer a little as we are the people who wants this country to get corruption free. But the first thing to do is it needs not to spread from the oneself. Thank you.
(12)

Mohammad said:   8 years ago
Demonization was a good step to take the black money out to remove the corruption but the execution was a complete failure they didn't able to provide the new notes on time because of that people suffered and no politician or rich people was standing in the queue there were only poor and middle class people who stood in line for hours, and most of the rich people have connection with the bank managers as we all know they changed there notes without standing on the queue and poor people suffered for their own money and just for few notes the execution was complete failure and now we can see it hasn't changed anything everything is still the same.
(13)

Midhuna eswar said:   8 years ago
It was a great step taken by our government to taken out black money. Demonetization is a great move but it was not implemented the way it should have been. Because of these change the general people in India they suffered a lotIn my view, banning of 500 and 1000 rupee notes is just like changing clothes for wealthy people because they changed their money without going to any bank and they do not stand in queue hours and hours in banks, they changed their money without knowing any pain. Most of the rich people had great connections with bankers and by their influences, they found it easy to change their money. Their black money was given to the middle class or lower class families to deposit to there a/c and after the end of Demonetization, it was taken back in any form. The only people affected are the middle class and poor ones. It was a shocking news only for middle and lower class people. They were standing in a queue hole day but at last bank employee announced that there is no cash available for today. , worrying for the cash they have just pulled out for their daughter marriages, no acceptance of old notes in hospitals. Middle class people faced lot of problems but rich people changed crores of money without any limit. The result after one year is in front of all. The execution was a complete failure. It is just a major setback of a very powerful action with no reaction at all. Therefore, can say that the system of corruption is still same it has just changed its clothes. But Everything cannot be controlled within a short period. Corruption needs to avoided, so we cannot able to destroy it completely. We have to process it and destroy it by step by step. . So before taking any serious action the government should sure that the medium class people and mainly the poor people will not get affected a lot. That's thier irresponsibility in an Indian economy the medium class people plays a very imp role. So, firstly make fully aware of them and then implement on that. Then it will be more efficient.

AGANIST:

According to me, Banning of 500 and 1000 is good move to avoid corruption. Everything cannot be controlled within a short period. Corruption needs to avoid, so we cannot able to destroy it completely. We have to process it and destroy it by step by step. This banning of 500 and 1000 notes is one of the steps to avoid corruption. I Accept many people suffered a lot by this action. First of all, everyone understands this, No pain no gain. We have to suffer a little to avoid some portion of corruption. Rich people are not suffered by this, I accept. But everyone must know how many currency notes are thrown in the dustbin and in the street. This money belongs to rich people. This is a just a warning to them, to pay their taxes correctly. Switching over to new note is also needed. We have to keep using our old 500 and 1000 notes for past 10 years. So it is time to change it. Change must come from us. If we behave and act in a right way. Everything will be right. So, conclude by saying that no pain no gain. We sacrifice something to achieve something. Thank you.
(51)


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